Financial Accounting Software2018-05-02T11:20:06+00:00

Financial Accounting Software

Arkansas Data Services’ Financial Accounting applications have been managing the needs of businesses for over 25 years. The software is implemented on the IBM i systems and servers, and takes full advantage of the proven productivity and price performance of these products. The modules are:

Accounts Payable
General Ledger
Payroll
Additional Module Details

Accounts Payable

Supports up to 99 different companies.
Provides the ability to track manual and voided checks in addition to the computer written checks.
Provides the ability to track refund checks written from the accounts receivable module.
Supports user defined term codes
Produces 1099’s.
Provides cash requirement by due dates.
Calculates due dates based on term code.
Provides a check approval list before printing checks.
Provides a dynamic vendor name search and retrieval.
Provides a dynamic “remit to” name search and retrieval.
Supports cash or accrual base accounting.
Provides online display of checks issued to any selected vendor.
Provides online display of paid invoices for any selected vendor.
Provides online display of open invoices for any selected vendor.
Provides the online display of the general ledger expense distribution.
Allows suspending payment to any selected vendor.
Allows checks to be written from multiple bank accounts.
Allows database search and retrieval by check number.
Allows database search and retrieval by invoice number.
Print or display year-to-date activity for any given vendor.
Can interact with other IBM System i-based software applications, including legacy software.
Pop up windows provide user assistance and data retrieval.
All future enhancements provided free with optional support agreement.

General Ledger

Supports up to 99 different sets of books.
Supports up to 99 companies per each set of books.
Supports up to 99 divisions per company.
Allows budgeting by each month.
Allows financial reports to be custom designed by the user via online report writer.
Allows a detail account analysis to be printed or displayed online for any selected accounting period.
Allows posting activity to future periods.
Provides bank reconciliation for each individual bank account.
Maintains current and prior year information.
Allows financial reports to be printed at anytime.
Allows prior financial reports to be reprinted.
Allows automatic posting of reoccurring journal entries.
Allows a detail activity report to be produced on year-to-date journals upon request.
Can interact with other IBM System i-based software applications, including legacy software.
Pop up windows provide user assistance and data retrieval.
All future enhancements provided free with optional support agreement

Payroll

Supports up to 99 different companies.
Supports up to 999 deductions.
Allows grouping of employees by department
Allows 3 types of voluntary deductions (fixed amount, percentage and declining balance).
Allows for pre-tax deductions on all selected earnings.
Provides ability to override wage and deduction information for each payroll.
Retains complete information for each payroll processed.
Allows direct deposit of employee paychecks and company taxes, including Quarterly.
Employee inquiry allows display of current or prior year’s information for each payroll. Inquiry can be on detailed checks or summarized by month, quarter and year.
Employee inquiry allows display of current or prior year information for each payroll or summarized by month, quarter and year.
Calculates and displays check information (voluntary deductions, taxes and net pay) during data entry.
Automatically selects employees for next payroll based on pay cycles.
Provides quarterly reports for unemployment and FICA.
Supports weekly, bi-weekly, semi-monthly and monthly pay periods.
Allows additional compensation to be added to any check.
Allows taxes on bonus pay to be calculated at a different rate than regular pay.
Allows payroll to be processed for the new year with prior year remaining open.
Tax tables can be maintained by the user without requiring program modifications.
Can interact with other IBM System I-based software applications, including legacy software
Pop up windows provide user assistance and data retrieval.
All future enhancements provided free with optional support agreement.

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